Business Funding Oregon Entrepreneurs Business funding is often hard to come by for struggling entrepreneurs. However, the data shows venture capital investment in U.S. states like Oregon was up significantly reports iHumanEvolution.com, a leading Portland based ecommerce development firm. Overall, start-ups in Oregon posted $48.5 million in financing in Q4 2011. That’s a solid growth point from the 2010 total $238 million, an increase of 25% in venture capital business funding.
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Business Funding Oregon Entrepreneurs
1. Business Funding Up 25% for Oregon Entrepreneurs
Business funding is often hard to come by for struggling entrepreneurs. However, the data shows venture
capital investment in U.S. states like Oregon was up significantly reports iHumanEvolution.com, a leading
Portland based ecommerce development firm. Overall, start-ups in Oregon posted $48.5 million in financing in
Q4 2011. That’s a solid growth point from the 2010 total $238 million, an increase of 25% in venture capital
business funding. Checkout: www.ihumanevolution.com/Capital_Investors.php
iHumanEvolution.com finds that exciting start-ups included Beaverton based Agilyx ($25 million, converts
plastic to crude oil), Brammo ($10.5 million, electric motorcycle), Clear Cather Systems ($4.8 million, designs
post surgical medical devices), TrustID ($3
million, caller ID technology), Puppet Labs ($2
million, automation software), Cloudability ($1
million, tracks cloud expenses), 4-Tell ($950,000
product recommendation software), Vizify
($939,000 interactive profiles), Site9 ($49,000,
Protoshare software), and Lanuchside ($30,000,
web launches). All are promising Oregon
businesses with some great ideas and
technology with significant growth potential.
For 2011, larger venture capital deals included
Hillsboro Oregon based ClearEdge Power with
$73 million in funding. ClearEdge Power
manufacturer of renewable energy hydrogen
fuel cells it’s a technology company similar to
Bloom Box. Our research shows that hydrogen
fuel cells are 40% cleaner and 65% more energy
efficient when compared with non-renewable
energy sources.
For Q1 2012, we find local VendScreen, just
secured $12 million in financing. Urban AirShip is
another promising start-up that raised about $12
million, so far.
Overall 2011, the U.S. small business start-up
community raised about $28.3 billion in venture
capital versus . Many home based and small business entrepreneurs stymied by tight lending rules are seeking
more community based and crowdfunding sources such as the business funding packages great for finding
seed money through iHumanEvolution.com networks. It’s a great resource to get connected and broadcast
your business message to raise capital.
Some of the hottest start-up sectors include healthcare technologies, ecommerce retail sales online, cloud
computing applications, sustainable clean energy, mobile Internet, online education and information social
media networks. Checkout: www.ihumanevolution.com/US_Economic_Challenges.html Call 971-258-5047